| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $16K | $7K | $23K | 21.05% |
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $13K | $5K | $18K | 20.74% |
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $12K | $5K | $17K | 20.66% |
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $6K | $2K | $8K | 21.20% |
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | VISION SERVICE PLAN | $3K | — | $3K | 10.00% |
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $3K | $1K | $4K | 20.46% |
| VALENT GROUP3 | 3500 BLUE LAKE DRIVE #120 BIRMINGHAM, AL 35243 | UNITED OF OMAHA LIFE INSURANCE COMPANY | $2K | $849 | $3K | 20.39% |
No Schedule C service providers reported on this filing.
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 664 | Currently employed and enrolled or eligible. |
| Total participants (= "Plan participants" tile) | 664 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Vision | VISION SERVICE PLAN | 250 | $31K |
| Life insurance(2 contracts) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 435 | $129K |
| Short-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 258 | $81K |
| Long-term disability | UNITED OF OMAHA LIFE INSURANCE COMPANY | 192 | $89K |
| Other(4 contracts) | UNITED OF OMAHA LIFE INSURANCE COMPANY | 435 | $182K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 435 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.